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Mario
Mario is married, 46 years old, and has worked in construction for 26 years. At first, he worked as a bricklayer. Now, though, he specializes in plastering different structures and buildings.

He lives in the Maica-Caspichaca zone, which is 8 kilometers from the city in the milk region. His wife Rosa is planning to open a neighborhood store in the house that they are about to finish building.

They have 2 children: a woman who is now married and independent and a young son who goes to school and lives with them. The money that they need is for a front door and bars to go on it. Their house has been build little by little over years of work as he has been earning money from the work that he always does. In this way, he will give his family a better way to live.
View original language description ↓
Mario, casado, tiene 46 años de edad, trabaja en construcción desde hace 26 años, primero trabajo de albañil y actualmente es especialista yesero en diferentes construcciones y edificaciones, vive en la zona de la Maica-Caspichaca a 8 kilómetros de la ciudad en la zona lechera, su esposa Rosa abrirá una tienda de barrio en la casa que están terminando de construir, sus hijos son dos, una mujer que ya es casada e independiente y tienen un hijo dependiente, estudiante que vive con ellos. El capital que necesita es para hacer construir una reja de entrada y una puerta principal para la vivienda, la misma ha sido construida paso a paso a través de años de trabajo y haciendo poco a poco según iba ganando por el trabajo que ha realizado siempre, y así poder tener mejor condición de vida para su familia.

Additional Information

About CIDRE

CIDRE is a Bolivian microfinance institution with a strong social commitment to the community. It works to provide quality financial services to rural and peri-urban borrowers, focusing primarily on agricultural loans for dairy farmers and micro-enterprises. CIDRE targets segments of the population that have not traditionally had access to credit, and invests in much-needed community development projects. It is currently working with coca farmers in the Chapare region to replace coca with less controversial crops. Get more involved by joining the Friends of CIDRE lending team.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Bolivia

  • $2,817
    Average annual income
  • 78
    View loans »
    Bolivia Loans Fundraising
  • $29,441,350
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Mario finish building his house and buy a front door.
52% repaid
Repayment Term
50 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2013
Listed
May 1, 2013
Currency Exchange Loss:
Covered